1/33120 4th Avenue E, Three Hills
120 4th Avenue E, Three Hills, AB T0M2A0
$900,000 total
3,846 SF
Asset Class
Specialty
Size
3,846 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$234
Occupancy
97%
Year Built
1977
About this property
Welcome to the great Three Hills Glass, a thriving business with headquarters located in the Three Hills, Alberta. Also serving Kneehill County, Hanna, Drumheller and as far north as Delburne, Three Hills Glass has become an institution in the area for its quality work and exceptional customer service. Good cash flow! Building is owned and tools/equipment are included. The back bay is rented out on a monthly basis to a local tradesman. The operation is turn key and has great market share but still has growth potential. Opportunity in Alberta, Amen! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$66K
Annual cash flow
$16K
Cash-on-cash
5.92%
DSCR
1.32
Going-in cap
7.32%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 2,153 SF | 2027-06 |
| Blue Harbour Design | 911 SF | 2027-06 |
| Blue Harbour Design | 400 SF | 2027-06 |
| Blue Harbour Design | 400 SF | 2027-06 |
Area demographics
Trade area within 3 miles of the property.
Population
106,720
Households
50,623
Median income
$128,500
Median age
39.7
Daytime population
157,328
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 120 4th Avenue E, Three Hills.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.